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The number of outstanding shares of common stock as of August 12, 2005 was: 3,502,708,435. Only 5 Billion authorized and they issued another 342 million for the acquisition, so they are running out of room.
Yes, I would say it's about time.
-------------------- I may be wrong, but I don't think so....
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Still trying to learn how to read the L2's. There were 5 MM's getting in at .0034 and then when that finished, there were about 5 more MM's trying to get in at .0035, but then 4PM came. There were way more on the ask side than the bid side for a change. This a good thing?
-------------------- Army guy just trying to make a few bucks....
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rumor of r/s? chill everyone. might hit that support that was back in august. if someone heard something of an r/s then post where you saw it. dont come in here and say things that are b.s.!
posted
I recieved an email eluding to r/s with no supporting evedence. I attempted to find any info that would suggest a split, I was unable to find anything other than other posts refering to the rumor. I did not spread the rumor any farther.
I have a feeling someone was trying to drive the price down.
Anyhow I just tried calling the number listed on the latest shareholders letter. It was past office hours so I was unable to reach anyone. If I get time I'll try again in the AM.
Maybe someone with more experience would have a good idea what questions to ask.
The number is 973-398-8183 if anyone else cares to call.
-------------------- "Keep your stick on the ice, we're all in this togeather!"
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quote:Originally posted by SFC_Jordan: Still trying to learn how to read the L2's. There were 5 MM's getting in at .0034 and then when that finished, there were about 5 more MM's trying to get in at .0035, but then 4PM came. There were way more on the ask side than the bid side for a change. This a good thing?
If there is More MM's on ask then bid that shows you that there is more people wanting to sell at that certain price then buy. For it to uptick you have to buy through all those MM's on the ask to uptick to the next price.
-------------------- Just callen the Channels
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* The MMs have recently taken them down to a three-month low; * They have shown improvements in rev or potential contracts at least by 30% over last year; * Their managements have tried great effort in cost cutting; * Their stocks have potential to climb from 30% to 60% in the next 4 weeks.
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It's too bad we weren't the smart guys buying all those cheap shares at .0029. We know they're happy that they can load up before the run. I've always thought about slowly investing tiny shares until the stock hits bottom then putting all the rest in at once to help boost the run. I just can't stand the idea of setting my goals too low and then the thing bouncing up before I get anything worth it in.
-------------------- This is some pretty gay Mc. Bestiality.
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MOUNT ARLINGTON, N.J., Nov 01, 2005 (BUSINESS WIRE) -- INSEQ Corporation (OTC Bulletin Board: INSQ) today announced its execution of a strategic alliance agreement with Cheap Tubes, Inc., a leading importer of high quality carbon nanotubes and related products.
Under the terms of the agreement, INSEQ will distribute carbon nanotubes and related products on the basis of a fixed discount to prevailing market prices through INSEQ's planned new industrial commodities exchange, which is currently in development and is expected to launch later this year.
Carbon nanotubes are cylindrical carbon molecules that are about 50,000 times smaller than the width of a human hair. They exhibit extraordinary strength and unique electrical properties, and they are very efficient conductors of heat. Their novel properties make them potentially useful in a wide variety of industrial applications, including fuel cells, energy storage devices, air and water filtration, flat panel displays, imaging technologies, chemical and physical sensors, and structural and thermal composites.
Mike Foley, the president of Cheap Tubes, said that "Cheap Tubes has developed expertise in sourcing cost-effective high quality carbon nanotubes and related products for private and public sector clients and we are seeking to aggressively grow our business. We are excited by the agreement with INSEQ and expect that INSEQ's planned industrial commodities trading platform will significantly enhance our growth."
"The agreement with Cheap Tubes is strategic to INSEQ in two key ways," said INSEQ's chairman, Kevin Kreisler. "First, it provides INSEQ with a valuable industrial product for its planned new industrial commodities platform and, at prices ranging from $6.00 to more than $400.00 per gram, INSEQ expects that its distribution of these products will add to near term earnings growth. Second, it provides INSEQ with a cost-effective supply of high-quality carbon nanotubes and related products, which we expect INSEQ will need in order to be responsive to the manufacturing needs of GreenShift Corporation and its portfolio companies."
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kreisler, who is also chairman and chief executive officer of GreenShift, added: "GreenShift is actively seeking investments in fuel cells, energy storage, and air and water filtration, with a specific emphasis on technologies that rely on the impressive properties of carbon nanotubes and other nanostructures. In each case, we intend to secure right of first refusal manufacturing rights for products based on these technologies for INSEQ's manufacturing group. We believe that INSEQ's agreement with Cheap Tubes will help to ensure a stable and cost-effective supply of relevant raw materials for these products, and our expectation is that this will enhance INSEQ's revenue and earnings and help to accelerate a return on GreenShift's various investments."
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to directly facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of INSEQ Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
posted
10:56 ET MOUNT ARLINGTON, N.J.--(Business Wire)--Nov 01, 2005--
GreenShift Corporation's (OTCBB: GSHF.U) chairman and chief executive officer, Kevin Kreisler, issued the following letter to its shareholders today:
Dear Shareholders:
This last quarter has been an exciting time for GreenShift. We completed a series of key investments, we acquired rights to a number of innovative green technologies, we helped our portfolio companies to reduce their various debts, and we initiated operations in two new portfolio companies. We accomplished our goals for the quarter and we expect a derivative increase to our net asset value for the quarter. While we will publish our results of operations for the third quarter later this month, I wanted to discuss the status of a number of our current initiatives with you. Our primary goals for the fourth quarter 2005 are to enhance the intrinsic value of our various holdings and increase our net asset value through the following core activities:
-- The restructuring and refinancing of three of our majority-owned portfolio companies - Veridium Corporation (OTC Bulletin Board: VRDM.U), INSEQ Corporation (OTC Bulletin Board: INSQ.U) and GreenWorks Corporation. Together, these companies are generating about $2.5 million per year in EBITDA on $25 million per year in revenues, and we intend to streamline each of their respective general and administrative expenses and reduce each of their interest expenses. Both INSEQ and GreenWorks are profitable and we are implementing measures currently that we believe will bring Veridium's operations immediately into a profitable mode;
-- The completion by INSEQ, which is about 70% owned by GreenShift, of its two pending acquisitions, which are expected to bring an additional $17 million in revenue and $1.7 million in EBITDA to INSEQ. Additionally, we have held favorable discussions with 3 new acquisition targets for INSEQ, 2 targets for Veridium and 2 targets for GreenWorks. We hope to resolve terms with at least one additional acquisition for each company this year;
-- The initiation of projects that will stimulate immediate term positive cash flows for our new portfolio companies, GreenShift Industrial Design Corporation ("GIDC"), Tornado Trash Corporation ("Tornado Trash"), and Mean Green BioFuels Corporation ("MGB").
-- The completion of construction of a mobile system based on our Tornado Generator(TM) technology that we intend to deploy in the gulf coast region as a demonstration of our capabilities processing and recycling debris and other wastes. Since the Tornado Generator(TM) is a new technology, we will need to demonstrate its capabilities to decision-makers in the region under live operating conditions. To this end, we recently executed a strategic alliance with an approved contractor in the region that we expect will play a role in our deployment, and we are working with lobbyists to secure the necessary local government backing for testing;
-- The acquisition by GIDC, our technology holding and transfer company, of rights to several additional technologies to round out our initial portfolio of innovative green technologies. Our targets include a new biologic emissions control technology, a new thermal depolymerization technology, a new technology for processing coal, and a new implementation of a pyrolysis technology. We believe that each of these technologies are incremental advances that are capable of cost-effective application today at the point source;
-- The completion of investments in companies with innovative technologies in industrial fuel cells, air and water emissions control, electronics recycling, and metal mining;
-- The completion of our plans to take GreenWorks and Tornado Trash public in transactions that we are structuring to involve a spin-out of shares in each company to the GreenShift shareholders; and,
-- The completion of the restructuring of my own holdings in GreenShift, which will include the cancellation of about 50 million shares of GreenShift common stock, 1,000,000 shares of GreenShift Series B Preferred Stock, and my dilution protections, in return for a new class of preferred stock with a fixed face value equal to 80% of GreenShift's Net Asset Value ("NAV") on September 30, 2005.
Look at the flow of natural resources through commerce today. We basically take stuff out of the ground and then we refine it and process, distribute, consume and dispose. Each stage is wasteful and the entire flow horribly inefficient.
We see these inefficiencies as opportunities.
Take your light switch for example. We take coal out of the ground, distribute it to a utility who then burns it to boil steam which then turns a turbine that produces electric current that is then channeled to your light switch. A great deal of our electricity today comes from burning coal. More than 70% of the energy value of that coal is lost at the power plant and another 20% is lost due to various upstream inefficiencies in the way power is distributed to your light switch. Increasing efficiency, even incrementally, at any point in this flow will reduce costs, reduce the need for virgin coal, and reduce pollution. Our goal is to surgically target investments in companies and technologies that reduce these types of inefficiencies. If we can help a company or a great many individuals consume natural resources even slightly more efficiently, then we will help them to save money, increase productivity, reduce their need for virgin natural resources and decrease their impact on the environment. Last quarter, I spoke of these incremental increases in efficiency, these small "green shifts" in practices or technologies that stimulate both profit and environmental gain. This effect is the core of our business model and the foundation of our investment strategy, but there is another compelling aspect of our model - something our CFO calls investment symbiosis. While much of what we do is venture capital, we are active operational investors and we use the entirety of our resources to help support and drive value for our investments. We are not just targeting investments that meet our profitability and environmental impact goals, we are targeting investments that do so with services, products or technologies that are strategic to our other portfolio holdings. Consider our Ovation Products investment. Ovation has a remarkable new form of vapor compression distillation that purifies water for an ongoing cost comparable to that of tap water. When we acquired our stake in Ovation, we secured license rights to the Ovation technology for GIDC for fields of use outside of their core market, and manufacturing rights for INSEQ. GIDC is currently targeting agricultural and other wastewater applications that seek to use the Ovation technology in concert with our Tornado Generator(TM) technology. If they successfully close a sale, these technologies will drive cash flows into our 100% owned GIDC, manufacturing revenues into our 70% owned INSEQ, and royalties to our more than 10% owned Ovation. Thus, our relatively small investment in sales for GIDC not only increases GIDC's value, but it also drives value through to INSEQ and Ovation. The intrinsic value of all three companies increases which then in turn disproportionately enhances our net asset value. While this increase in value helps all three companies, it helps to accelerate a return on our investment in Ovation without us selling a single share in Ovation. We very much intend to leveragethis effect for each of our existing and new investments as we continue to gather momentum in executing our business model. I thank you for your continued investment interest as we continue with a growth process that is very exciting to me. We are pleased with our progress so far this year and we are enthusiastic about our path going forward. We are grateful for your continued support and involvement and look forward to communicating with you later this month after we publish our results of operations for the third quarter 2005. -0- *T Best Regards,
Kevin Kreisler Chairman and Chief Executive Officer GreenShift Corporation
-------------------- Sometimes the poorest man leaves his children the richest inheritance.
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Thought you guys might be interested in a transcript of today's conversation with GreenShift Corporation's CEO Kevin Kreisler at stockhideout. He puts rumors of R/S to rest.
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Dallas, Texas, Nov 02, 2005 (M2 PRESSWIRE via COMTEX) -- Stock Guru Alerts for Wednesday include Energy & Engine Technology Corporation (OTCBB: EENT), CYOP Systems International Inc. (OTCBB: CYOS), INSEQ Corporation (OTCBB: INSQ) and CanWest Petroleum Corporation (OTCBB: CWPC).
INSEQ Corporation (OTCBB: INSQ) traded as much as 26.67% over open on Tuesday.
INSEQ Corporation recently announced its execution of an agreement with Ethanol Oil Recovery Systems, LLC ("EORS"), to manufacture proprietary systems to extract crude corn oil from the evaporation area of dry mill ethanol facilities for further refining into biodiesel fuel. EORS, a green technology development company, is the inventor of a new patent-pending breakthrough technology for the cost-effective conversion of corn oil into biodiesel fuels. EORS is a participant of a development partnership comprised of and managed by ethanol producers and plans to finance and construct a biodiesel production facility that will refine the crude corn oil and convert it into biodiesel fuels
-------------------- Pennies...Get in, Get out, Get a profit!
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TechStockReview.com: Opening Bell Traders Report Tuesday, November 2 FASC, HW, GSHF, INSQ 11/2/2005
Nov 02, 2005 (M2 PRESSWIRE via COMTEX) -- Arlington, Texas, Opening Bell Report & Alerts - First American Scientific Corp (OTCBB: FASC) Assists Canada in Solving its Environmental Cleanup Problems Using the First Operation of its Kind in the World, Headwaters Inc. (NYSE: HW) Earnings Conference Call (Q4 2005), and INSEQ (OTCBB: INSQ), Subsidiary of GreenShift Corporation (OTCBB: GSHF), Executes Carbon Nanotube Distribution Agreement.
INSEQ Executes Carbon Nanotube Distribution Agreement
INSEQ Corporation (OTC Bulletin Board: INSQ) announced its execution of a strategic alliance agreement with Cheap Tubes, Inc., a leading importer of high quality carbon nanotubes and related products.
INSEQ is 70% owned by GreenShift Corporation (OTCBB: GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
Kreisler, who is also chairman and chief executive officer of GreenShift, added: "GreenShift is actively seeking investments in fuel cells, energy storage, and air and water filtration, with a specific emphasis on technologies that rely on the impressive properties of carbon nanotubes and other nanostructures. In each case, we intend to secure right of first refusal manufacturing rights for products based on these technologies for INSEQ's manufacturing group. We believe that INSEQ's agreement with Cheap Tubes will help to ensure a stable and cost-effective supply of relevant raw materials for these products, and our expectation is that this will enhance INSEQ's revenue and earnings and help to accelerate a return on GreenShift's various investments."
-------------------- Pennies...Get in, Get out, Get a profit!
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Hopefully it'll run some more. I'm thinking there's another PR coming that'll make it boom. Now I wish I listened to myself and put some money into it at the extremely low numbers. I was too busy with GZFX lol
-------------------- This is some pretty gay Mc. Bestiality.
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